Each year at this time many of us become preoccupied

Each year at this time many of us become preoccupied with taxes—and we’d all like to pay less! Now you can, with an Individual Retirement Account at The Peoples National Bank of Warrenton. TAX BENEFITS AND INSURED SAVINGS With an IRA, you shelter your contributions and interest under a tax-deferred umbrella until you actually draw on the Account * And they are insured up to $100,000 by the FDIC. If you are one of the relatively few who qualified for an IRA last year, you could be deducting up to $1,500 right now from your gross taxable income on your 1981 tax return. This year the rules are more liberal—anyone who works is qualified for an IRA, whether you are already covered by a retirement plan or not. And the amount you may contribute— and deduct from taxes—has been increased to $2,000 —$2,250 if you file a joint return and your spouse doesn’t work. (If both you and your spouse work, you can each have a $2,000 IRA.) At Peoples, we offer four types of IRA plans to meet your varied needs and to enable as many